Sonomax Hearing Healthcare Inc.
TSX VENTURE : SHH

Sonomax Hearing Healthcare Inc.

February 20, 2008 14:32 ET

Mr. Andy Nulman, Renowned Entrepreneur, Joins Sonomax Board of Directors

MONTREAL, QUEBEC--(Marketwire - Feb. 20, 2008) - Sonomax Hearing Healthcare Inc. (TSX VENTURE:SHH) today announced that Mr. Andy Nulman has been appointed to the company's Board of Directors, effective immediately.

Mr. Nulman combines a diverse and profound background of media, management, and marketing expertise over a corporate career that spans more than three decades. In his 15 years at the helm of the Just For Laughs Festival, he helped transform the event into the largest and most prestigious of its kind in the world, and as its CEO, expanded its reach by producing over 150 festival television shows, in numerous languages, all over the globe. In 1999, he left the Festival to become a pioneer in mobile content by co-founding Airborne Mobile, a company few gave the chance to survive the year. Less than seven years later, Airborne was not only honored as North America's 4th-Fastest Growing Tech Company in Deloitte's Fast 500 ranking, but was sold to Japan's Cybird Holdings for over $100 million. As President and CMO of Airborne Mobile, Mr. Nulman continues to provide the insight and creativity required as the company breaks new ground in the now-burgeoning field of mobile media and marketing.

"Mr. Nulman's vast and varied experience, and his creative, curious, spirit will serve Sonomax well," said Mr. Nick Laperle, Co-President of Sonomax. "Sonomax has now adapted its technologies to exciting new consumer products. At this point in our history -- the step from being a product development company to being a company focused on sales and marketing in deca-billion dollar markets -- Mr. Nulman's particular understanding of marketing and the marketplace will no doubt play an important role in Sonomax's road to profitability."

Added Barry Schwartz, Chairman and CEO of Sonomax, "To those of you who would like to get to know Andy a little better, you are encouraged to visit Airborne's website, www.airbornemobile.com and Andy's blog, www.andynulman.com.

Sonomax has granted a stock option to Mr. Nulman in respect of 200,000 common shares at an exercise price of $0.285 per share, representing the closing price of Sonomax's shares on the TSX Venture Exchange on February 19, 2008. The option was granted under Sonomax's 2001 Stock Option Plan.

It was also announced that Mr. Robert Raich, a valued member of the Board of Directors of Sonomax, has resigned as a Director of the Corporation. Stated Mr. Barry Schwartz, Chairman and Chief Executive Officer of Sonomax, "Mr. Raich informed us that the press of other business obligations and the demands of his law practise have left him with insufficient time to continue to be a productive member of the Sonomax Board. I wish to thank Robert personally and on behalf of the Board for his many contributions to Sonomax as a member of its Board of Directors since 2006."

About Sonomax Hearing Healthcare Inc.:

Sonomax Hearing Healthcare Inc. (TSX VENTURE:SHH) is a leader in the development and manufacturing of intra-ear technology for hearing protection, hearing enhancement, and other auditory applications.
Sonomax created SonoCustom™, a unique expansion earpiece and a highly efficient gatekeeper between sounds and eardrums, and SonoPass™ fit validation software, whose capability has been expanded so that it can now test hearing protectors other than SonoCustom™, with the objective of establishing individual fit-testing of hearing protectors as the universal standard.

The Company's SonoPlatform™ is the foundation for state-of-the-art hearing aids, active and passive earpieces for military use, and cellular telephone and entertainment digital wireless applications.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Sonomax Hearing Healthcare Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Sonomax Hearing Healthcare Inc.
    Nick Laperle, co-President
    514-932-4432
    nick@sonomax.com